DUKA IMMO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DUKA IMMO
Largest movements
- Stocks and contracts -€20.1m
down €20.1m (-95.1%), from €21.2m to €1.0m
of which Contracts in progress: -€20.6m
- Cash -€2.0m
down €2.0m (-99.6%), from €2.0m to €7,821
mainly Advances received (-€19.4m) and Receivables within one year (-€1.2m)
- Receivables within one year +€1.2m
up €1.2m (+3513.4%), from €34,795 to €1.3m
of which Other amounts receivable: +€942,614
- Advances received -€19.4m
no longer reported in 2025 (was €19.4m)
- Other debts -€1.0m
no longer reported in 2025 (was €1.0m)
- Trade debts -€233,473
down €233,473 (-22.9%), from €1.0m to €785,508
- Turnover +€20.6m
new in 2025: €20.6m
- Goods and materials -€7.6m
down €7.6m (-98.0%), from €7.7m to €155,802
of which Purchases: -€7.1m
- Taxes -€269,058
down €269,058 (-99.9%), from €269,235 to €177
of which Taxes: -€252,058
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,174,829 | €2,301,945 | -€20.9m | -90.1% |
| Current assets | 29/58 | €23,174,829 | €2,301,945 | -€20.9m | -90.1% |
| Stocks and contracts in progress | 3 | €21,160,415 | €1,036,828 | -€20.1m | -95.1% |
| Stocks | 30/36 | - | €430,987 | +€430,987 | |
| Property held for sale | 35 | - | €430,987 | +€430,987 | |
| Contracts in progress | 37 | €21,160,415 | €605,842 | -€20.6m | -97.1% |
| Amounts receivable within one year | 40/41 | €34,795 | €1,257,296 | +€1.2m | +3513.4% |
| Trade receivables | 40 | €34,795 | €314,682 | +€279,887 | +804.4% |
| Other amounts receivable | 41 | - | €942,614 | +€942,614 | |
| Cash at bank and in hand | 54/58 | €1,979,619 | €7,821 | -€2.0m | -99.6% |
| Total equity and liabilities | 10/49 | €23,174,829 | €2,301,945 | -€20.9m | -90.1% |
| Equity | 10/15 | €1,647,615 | €1,516,437 | -€131,178 | -8.0% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Reserves | 13 | €69,881 | €69,881 | = | 0.0% |
| Non-distributable reserves | 130/1 | €69,881 | €69,881 | = | 0.0% |
| Legal reserve | 130 | €69,881 | €69,881 | = | 0.0% |
| Profit (loss) carried forward | 14 | €327,734 | €196,556 | -€131,178 | -40.0% |
| Amounts payable | 17/49 | €21,527,214 | €785,508 | -€20.7m | -96.4% |
| Amounts payable within one year | 42/48 | €21,527,214 | €785,508 | -€20.7m | -96.4% |
| Trade debts | 44 | €1,018,981 | €785,508 | -€233,473 | -22.9% |
| Suppliers | 440/4 | €1,018,981 | €785,508 | -€233,473 | -22.9% |
| Advances received on contracts in progress | 46 | €19,407,599 | - | -€19.4m | |
| Taxes, remuneration and social security | 45 | €100,634 | €0 | -€100,634 | -100.0% |
| Taxes | 450/3 | €100,634 | €0 | -€100,634 | -100.0% |
| Other amounts payable | 47/48 | €1,000,000 | - | -€1.0m | |
| Operating income | 70/76A | €8,809,671 | €7,401 | -€8.8m | -99.9% |
| Turnover | 70 | - | €20,561,974 | +€20.6m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €8,796,862 | -€20,554,574 | -€29.4m | |
| Other operating income | 74 | €12,809 | - | -€12,809 | |
| Operating charges | 60/66A | €7,736,850 | €158,875 | -€7.6m | -97.9% |
| Goods for resale, raw materials and consumables | 60 | €7,733,847 | €155,802 | -€7.6m | -98.0% |
| Purchases | 600/8 | €7,733,847 | €586,788 | -€7.1m | -92.4% |
| Change in stocks: decrease (increase) | 609 | - | -€430,987 | -€430,987 | |
| Services and other goods | 61 | €1,826 | €1,866 | +€39 | +2.2% |
| Other operating charges | 640/8 | €1,177 | €1,207 | +€31 | +2.6% |
| Operating profit (loss) | 9901 | €1,072,821 | -€151,474 | -€1.2m | |
| Financial income | 75/76B | - | €21,173 | +€21,173 | |
| Recurring financial income | 75 | - | €21,173 | +€21,173 | |
| Income from current assets | 751 | - | €21,173 | +€21,173 | |
| Financial charges | 65/66B | €767 | €701 | -€67 | -8.7% |
| Recurring financial charges | 65 | €767 | €701 | -€67 | -8.7% |
| Debt charges | 650 | €81 | - | -€81 | |
| Other financial charges | 652/9 | €687 | €701 | +€14 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €1,072,054 | -€131,001 | -€1.2m | |
| Income taxes | 67/77 | €269,235 | €177 | -€269,058 | -99.9% |
| Taxes | 670/3 | €269,235 | €17,177 | -€252,058 | -93.6% |
| Tax adjustments and reversals of tax provisions | 77 | - | €17,000 | +€17,000 | |
| Profit (loss) for the period | 9904 | €802,819 | -€131,178 | -€933,997 | |
| Profit (loss) for the period to be appropriated | 9905 | €802,819 | -€131,178 | -€933,997 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.